IBM Looking to Provide Blockchain Solutions to India’s Telecommunications Operators: Mark Emem
Tech giant IBM has hinted that telecommunication firms in India could soon be using blockchain solutions in mobile number portability and in the Do Not Call registry. According to the IBM Research vice president and CTO of IBM India/South Asia, Sriram Raghava…
Bitcoin Price to Likely Avoid Drop Below $3k as Crypto Loses $14 Billion in 1 Week: Joseph Young
Over the past 48 hours, the Bitcoin price has stabilized at around $3,400 after dropping to a new yearly low at $3,210 on December 7. On a weekly basis, Bitcoin (BTC) is up six percent from $3,210 to $3,400 but the cryptocurrency market has lost $14 billion o…
Crypto Investors Rank Third on Dashlane’s ‘Worst Password Offenders’ List: David Hundeyin
Password management and crypto custody company Dashlane yesterday announced the third edition if its annual “Worst Password Offenders” list, with cryptocurrency investors sitting at number three on the list. The purpose of the tongue-in-cheek ranking is to hi…
Pro-Crypto French MPs Want to Invest 500 Million Euros to Make France ‘Blockchain Nation’: Samantha Chang
Two pro-crypto members of the French Parliament (Parlement français) want the country to invest up to 500 million euros in blockchain programs to elevate France as a “blockchain nation.” Deputies Jean-Michel Mis and Laure de La Raudière released a report on D…
Crypto Trading App Circle Invest Lists BCH Offshoot Bitcoin SV: P. H. Madore
Circle’s Invest app now providers users the ability to buy Bitcoin SV (BSV), according to a tweet from the company this morning. CCN verified that BSV is available in the application as of its latest version. The application has over 50,000 installations on t…
Why Samsung Plans to Integrate Crypto Cold Storage in its S10 Series: Joseph Young
According to SamMobile, the biggest online Samsung community, the electronics giant is planning to integrate a cold wallet system into its upcoming Galaxy 10. Adnan Farooqui, the senior executive editor at SamMobile, wrote: “After hearing about the trademarks…
Stablecoins are Beginning to See Traction Outside of Crypto Exchanges: P. H. Madore
According to statistics published in Diar, stablecoins have seen more than 1000% increased transaction activity on-chain since September. This is not to speak to the massive volume at which they are traded internally on crypto exchanges, which numbers in the …
62% of Auto Execs Believe Blockchain Will Disrupt Industry within 3 Years: IBM Study: Samantha Chang
The auto industry is betting big on blockchain. In fact, a whopping 62% of auto executives say the technology underpinning bitcoin will be a disruptive force in the industry by 2021. Moreover, 95% of carmakers plan to make “moderate to significant” blockchain…
Cardano Founder Charles Hoskinson Explains Why ADA’s New Smart Contract Tools are a Boon for Fintech: Gerald Fenech
IOHK, a leading blockchain research and development firm, announced two tools developed by a world-leading team for writing smart contracts for the Cardano blockchain. The apps are called Plutus and Marlowe and were launched in test format at the first Plutus…
Bitcoin Rises 4.65% as Crypto Market Creeps Toward Breakout: Yashu Gola
The bitcoin price on Wednesday jumped as high as 4.65 percent from its opening price and established an intraday high at $3,488. The BTC/USD rate is now trading at 3440-fiat on the Coinbase exchange, coupled with a notable rise in daily volatility. The pair o…
Venezuela: Church’s Chicken Accepts Crypto Payments after KFC Denies Rumors: Francisco Memoria
Church’s Chicken, an international fast-food franchise known its hand-battered fried chicken, has reportedly partnered with Dash Venezuela to become the first fast-food franchise to accept cryptocurrencies throughout its locations in Venezuela. According to a…
Romania: Bitcoin Exchange CEO Vlad Nistor Arrested for Money Laundering, May Face US Extradition: P. H. Madore
According to a local Romanian news outlet Ziar de Cluj and others, Vlad Nistor — the CEO of Romania-based Bitcoin exchange CoinFlux — has been detained on behalf of the US government and is awaiting extradition. He was arrested in the city of Cluj-Napoca on T…
‘What is Bitcoin’ Ranked Among Top Google Searches in 2018: P. H. Madore
About a year ago, Google searches for “Bitcoin” surpassed searches relating to Donald Trump. Now that Google has published its 2018 year-in-review of search terms, “What is Bitcoin” is among the top questions that people are asking Google, at least in the US.…
Bitcoin Price ‘Could Go from Bad to Worse’: Bearish Analyst: Yashu Gola
The most potential use case of bitcoin today is the store of value. But an analyst thinks otherwise. Stephen Innes, head of Asia Pacific trading at Oanda, a New York-based forex firm, believes that the world’s leading digital currency is due for another drop …
Razer Wants Gamers to Mine Cryptocurrency Using their Idle GPUs — But You Probably Shouldn’t: Josiah Wilmoth
Gamers invest considerable sums in the GPU chips that power their computers. However, even the most hardcore “Fortnite” player will leave his or her gaming rig on idle for a significant chunk of each day while they go to work, attend school, or — at the very …
What is Holding Coinbase Back From Integrating Ripple (XRP) Into its Exchange?: Joseph Young
On December 7, Coinbase, a leading crypto-to-fiat exchange, announced it is exploring 31 crypto assets to integrate into its exchange. One of the cryptocurrencies the exchange has been looking into is Ripple (XRP), the second most valuable asset in the crypto…
Cryptocurrency Should be ‘Outlawed’: Allianz CEO Andreas Utermann: Josiah Wilmoth
Despite this year’s prolonged cryptocurrency market decline, many mainstream financial institutions and wealth managers have continued to explore how to make this nascent asset class more accessible to their clients. Firms such as Goldman Sachs and Fidelity a…
FATF: UK Crypto Exchanges Pose ‘Low’ Money Laundering, Terrorist Financing Risk: Yashu Gola
The Financial Action Task Force (FATF) revealed that crypto exchanges operating in the United Kingdom pose low money laundering (ML) and terrorist financing (TF) risks. The global standard setter for ML/TF published a report to evaluate the overall efforts th…
Denmark’s Tax Agency Targets 2,700 Nationals for Hiding Bitcoin Trades: Yashu Gola
Skattestyrelsen (SKAT), the Danish tax agency, has accelerated crackdown against a large number of nationals who secretly traded bitcoin on a Finnish crypto exchange. According to information shared by the Swedish Tax Agency, a total of 2,700 Danes purchased …
UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency: Jimmy Aki
It’s confirmed. The United Arab Emirates (UAE) and Saudi Arabia will work on cross-border digital currency. The exact date when it would be issued is still unknown but we know one thing, the digital currency is not targeted at consumers. It’s strictly for ban…